[440 Pages Report] The global HV capacitor market has growth opportunities owing to increasing electric demand in developing economies such as India, Brazil, and China, which are expected to enhance their grid infrastructure to increase the electricity accessibility to the region’s population. In addition, rapidly increasing demands from various application industries and regions are generating several exciting markets opportunities for HV capacitors.

The report has been segmented on the basis of application, Voltage Level, and region as follows:-

On the basis of Voltage Level: The report considers different HV capacitors on the basis of voltage levels. As every capacitor has its marked voltage level depending upon the application. Thus report segments capacitors on the basis of prescribed voltage level depending upon the type of application.

On the basis of application: Under this segmentation, the report considers applications as Generation, Transmission, Distribution and Testing

On the basis of region: The regions analyzed in the report include Canada, U.S., Mexico, Brazil, Norway, UK, Switzerland, Sweden, Germany, India, China

Technological upgrade of the old grid infrastructure, new smart grid installations and integration of the network are the major drivers behind the growth of HV capacitor in developed regions such as countries in North America and Europe among others.

The report caters to HV capacitor manufacturers, dealers, and suppliers, material providers, consulting companies in the energy and power sector, government and research organizations, government utility providers, private utility providers, private customers, network operators, smart grid players, venture capital firms, and investment banks. HV capacitor has witnessed growth in developing economies such as Asia-Pacific and South America which are improving and enhancing their grid infrastructure to increase their electrification rate. These drivers are expected to push the HV capacitors market size from USD 133.86 Million in 2014 to USD 218.84 Million by 2020 with a CAGR of 7.8% from 2015 to 2020. The report also provides insights about the major players of the market.

The above graph is plotted for capacitors used in power generation on the basis of two parameters market attractiveness (Each country is ranked on the basis of the attractiveness of investment for HV capacitor market) and HV capacitor market size. The market was dominated by Asia-Pacific in 2014. China estimated to be the fastest growing market at a CAGR of more than 7% from 2015 to 2020 and U.S. holding the highest market share.

HV capacitor market: USD 133.86 Million market in 2014 and is expected to reach USD 218.84 Million by 2020

Transmission segment is expected to continue to grow at good pace as developing economies such as India, China and Brazil continue to investment in new infrastructure and developed economies such as the U.S, the U.K, and some other European economies invest in upgrading their existing infrastructure. TRV (Transient Recovery Voltage) capacitors-GIS (Gas Insulated Switch Gears) and PD sensors have the highest global market size in 2014 for power generation.

Capacitive Voltage Divider is expected to be the most attractive product due to its application in HV, EHV and UHV transmission which is expected to increase in near future. Also, another major reason is that the product has no immediate replacement and EVT is still used in very limited application. Coupling capacitors, Grading capacitors- GIS and Capacitive Voltage Dividers are other attractive products in transmission segment.

The report highlights the major countries and type of capacitors by applications and Voltage level which are dominating the market in 2014 on the basis of their future market attractiveness and market size in 2014.